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Cancellation of equity of ESSAXE

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09/0048

NOTICE N.º 0048/09

We hereby inform that, on 14th January, 2009 and by indication of the Issuer, one has cancelled the 13.540 cash bonds, regarding the issue "BES Investimento/2006 - ob. cx. Range Accrual Euribor TARN", registered in the Securities Central under code ESSAXE (total amount in circulation: 48.440).

INTERBOLSA, 14th January, 2009